Finance
Sock JohnsonIRDAI Lets Insurers Flex 20% in Infrastructure SPV Debt!
Listen up, folks! IRDAI, the heavyweight champ of insurance in India, just threw down a proposal allowing insurers to strut their stuff with 20% investments in infrastructure SPVs. But wait! Only if those cash flows are as steady as The Rock’s biceps and the debt shines bright like a championship belt. Time to get ready to rumble in the investment ring!
few days ago | Aathira Varier
Quick rundown
1.Irdai proposes insurers invest in infrastructure SPVs.
2.Investments capped at 20% for debt instruments.
3.Projects must have stable cash flows and AA rating.
4.SPVs offer predictable returns and low risk.
5.Stakeholders invited to comment on the draft proposal.
